ECONOMY


Azerbaijan, US: Trade turnover increased by 7 percent

Baku, October 16, AZERTAC

Trade turnover between Azerbaijan and the United States increased by 7 percent over the last 8 months and reached $ 416 million, said Sahil Babayev, Deputy Minister of Economy at the Azerbaijan-US business forum held in Baku.

“235 US companies operate in Azerbaijan. The volume of US investments in Azerbaijan amounted $ 12.7 billion, while the volume of investments made by Azerbaijan to the United States reached $ 3 billion”, the Deputy Minister added.

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